Sept 8- Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported. Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative...
Sept 8- Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported. Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. Dell, which was taken private by founder Michael Dell along with private equity firm...
Sept 7- Investment manager T. Rowe Price Group Inc expressed opposition to Oracle Corp's proposed acquisition of U.S. cloud computing company NetSuite Inc, saying the $9.3 billion deal price is too low. In a letter NetSuite made public on Wednesday, T. Rowe told the company's board that it would not tender its shares. Oracle said in July that it would buy NetSuite for...
Sept 7- T. Rowe Price Group Inc, NetSuite Inc's largest outside shareholder, said it would not tender its shares in Oracle Corp's proposed acquisition of the U.S. cloud computing company, arguing the $9.3 billion deal undervalues it. Oracle said in July it had agreed to buy NetSuite for $109 per share in cash to bulk up its ability to help its corporate customers...
Michael Dell tells CNBC his company's acquisition of EMC will allow for new infrastructure and software to power the digital future.
Michael Dell, Dell Technologies CEO, discusses the challenges in finding skilled workers to fill high tech jobs and the benefits of being a private company.
Michael Dell, Dell Technologies CEO, discusses competition in the tech space and why he thinks the new company is well-positioned to become the largest enterprise systems company in the world.
Michael Dell, Dell Technologies CEO, talks about legacy issues with EMC Corp and how the company plans to grow market share.
Michael Dell, Dell Technologies CEO, talks about the formation of the new company after completing its $67 billion acquisition of data storage company EMC.
The deal is backed by private equity firms Silver Lake Partners LP and KKR& Co LP as well as investment firms owned by billionaire Michael Dell and his family. The company's parent Zuffa LLC, which gets its name from the Italian word for "fight", is controlled by casino moguls Frank and Lorenzo Fertitta. UFC Chief Executive and Chairman Lorenzo Fertitta will no...
The UFC, which promotes mixed martial arts competitions, will announce that it's been bought by WME-IMG for about $4 billion. the NYT reports.
WILMINGTON, Del., July 8- A judge ruled on Friday that payday lender DFC Global Corp was sold too cheaply to private equity firm Lone Star Funds in 2014, the second time in recent weeks that investors prevailed in squeezing extra cash out of a merger deal through a Delaware lawsuit. Delaware Chancellor Andre Bouchard found four DFC shareholders were entitled to...
SecureWorks CEO Michael Cote discusses his company's IPO at the Nasdaq.
Re/code senior editor Arik Hesseldahl, reports on the potential of the EMC and Dell deal falling apart.
Dell's ambitious plan to take over storage giant EMC may face a tax burden that could derail the deal. Re/code reports.
Jayson Nolan, IT hardware senior analyst at Robert W Baird and Company, discusses the post- Dell and EMC merger impact on VMware's float operating independence.
CNBC's David Faber speaks to Citi's co-head of M&A Mark Shafir, former head of global M&A at Lehman Brothers, about the current deal activity.
VMWare CEO Patrick Gelsinger, discusses where his company fits in the Dell-EMC deal.
Ivan Feinseth, Tigress Financial Partners, looks at the Dell acquisition of EMC and what it means to the tech sector.
Herb Greenberg, Pacific Square Research, talks about Dell's play for EMC and how the company's changed since going private 2.5 years ago.